Cellulant is a leading multinational payments company in Africa enabling businesses to accept digital and mobile payments from their customers.
Our mission is to build a world class, $1B business that digitises payments for Africa’s largest economies.
We strive to provide relevant payment solutions for consumers, businesses and governments that allow them to move their money when and how they want through any digital platform.
As of January 2017, roughly 12% of Africa’s mobile consumers can make payments using Cellulant’s services and products.
Our mission is to build a world class, $1B business that digitises payments for Africa’s largest economies.
We strive to provide relevant payment solutions for consumers, businesses and governments that allow them to move their money when and how they want through any digital platform.
As of January 2017, roughly 12% of Africa’s mobile consumers can make payments using Cellulant’s services and products.
Location: Kenya, Nairobi
Employees: 201-500
Total raised: $47.5M
Founded date: 2004
Investors 2
| Date | Name | Website |
| - | Satya Capi... | satyacapit... |
| 14.02.2023 | Velocity C... | velocityfi... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 14.05.2018 | Series C | $47.5M | The Rise F... |
Mentions in press and media 12
| Date | Title | Description |
| 17.04.2024 | Post-CEO exit, Cellulant appoints new leaders, shifts focus to profitability | Cellulant, the pan-African payments startup valued at $133 million in 2022, has named new executives three months after the CEO and four other senior managers left the company. While Peter O’Toole, the company’s former CFO, remains acting C... |
| 31.03.2023 | Cellulant’s Payment Processing Platform to Power Online and Offline Payments for Businesses in Africa | SAN FRANSISCO, US – African Media Agency – 31 March 2023 – Leading payments technology company, Cellulant aims to change how businesses make payments and get paid in Africa by introducing online and offline payment solutions. The payments m... |
| 06.12.2022 | 5 Nigerian agrifintech startups providing digital financial services for smallholder farmers | Affordable financing options are a challenge for Africa’s smallholder farmers. A recent report determined that collectively, around 220,000 small and medium-sized (SME) agribusinesses in sub-Saharan Africa and Southeast Asia are in need of ... |
| 18.11.2022 | Daily AI Roundup: Biggest Machine Learning, Robotic And Automation Updates 18th November 2022 | This is our AI Daily Roundup today. We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in artificial intelligence (AI), Machine Learning, Robotic Process Automation, Fintech, and hu... |
| 05.05.2022 | Cellulant and NALA Partner to Power Low-Cost Cross-Border Payments into Africa | Image courtesy of Cellulant and Nala Cellulant and NALA have announced a partnership with the aim to facilitate seamless cross-border payments, significantly reducing transaction fees for money sent from the UK and the US into Africa. Besid... |
| 01.03.2022 | ‘African founders, African VCs, solving African problems’: Marketforce CEO on $40m Series A | Africa’s fast-moving consumer goods (FMCG) market has grown exponentially in recent years, thanks to the continent’s rapidly-growing population and spending power. With its most recent fundraise, Kenyan B2B player Marketforce has cemented i... |
| 22.12.2021 | Elevating Digital Payments For a Cashless Future in Africa | Share this: Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new... |
| 02.12.2021 | Carry1st Partners With Chipper Cash And PayPal For Digital Payments Across Africa | Carry1st Carry1st, Africa’s leading mobile games publisher, today announced it has partnered with online payments pioneers PayPal and Chipper Cash, a cross-border payments company recently valued at $2B, to enable people across Africa to ea... |
| 02.12.2021 | Carry1st Partners With Chipper Cash And PayPal For Digital Payments Across Africa | Carry1st |
| 18.11.2021 | Lake Harvest Zambia Joins the Tingg Digital Payment Ecosystem | Share this: Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new... |
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